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chelmsford market trends: Chelmsford Single Family Home Values Show Signs of Stabilization - 02/09/10 05:03 PM
Although the number of sales declined slightly for the second straight year, sales data for the Town of Chelmsford indicates values have stabilized over the past 12 months.

 
The town continues to be attractive to first time buyers, and demand for Ranch and Split Entry style homes has remained fairly stable over the last 2 years thanks to near historic low interest rates and the First Time Buyer Tax Credit. In 2008 there were 92 sales of Ranch and Split Entry style homes in town (37.8% of all single family sales), and there were 88 in 2009 (39.6% of all single … (0 comments)

chelmsford market trends: Merrimack Valley Market Trends Through November 2008 - 12/05/08 03:35 PM
It Appears Some Towns Have Reached the Bottom
The number of Active Single Family Listings throughout the Merrimack Valley has declined slightly over the past month (except for Tyngsborough and Lawrence where the number of active listings has remained unchanged when compared to this time last month).  However, the Average Days on Market (DOM) has increased in numerous towns. Declining inventory levels are a good sign, and as we near a balanced supply more towns should begin to see values stabilize. The number of transactions typically slow during the holiday season, so expect the DOM to continue to rise.
Single Family … (2 comments)

chelmsford market trends: Are We Nearing the Bottom - 11/08/08 06:03 PM
Be fearful when others are greedy. Be greedy when others are fearful. - Warren Buffett
Opportunity abounds throughout the Merrimack Valley. Inventory levels in most communities remain above 6 months (a 5-6 month supply is considered normal and balanced) which gives Buyers plenty to choose from. The number of transactions in most cities and towns has remained stable over the past few months, and inventory levels in most areas are continuing to decline.  This remains an excellent market for first time buyers, seasoned investors looking to add to their portfolios, new investors looking to build their portfolios, and those with equity … (1 comments)

chelmsford market trends: When it Comes to Real Estate, Think Locally not Nationally - Chelmsford Real Estate is Doing Fine - 08/14/08 10:36 AM
When it comes to Real Estate, it is important to look at Local Trends, not National Trends. I'm sure you've heard the saying "the most important thing in real estate is Location, Location, Location." I couldn't have said it better myself.
Real Estate can be broken down into two major categories: Commercial & Residential. But these markets can be broken down even further.  Residential markets can be broken down to: detached single family, attached single family, 1-4 unit, and condominiums.  These markets too, can be broken down further into additional sub-markets. I could go on for quite some time, so I will stop … (2 comments)

 

John LaBelle

Chelmsford, MA

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RE/MAX Prestige

Address: 211 Chelmsford Street, Chelmsford, MA, 01824

Office Phone: (978) 251-8221

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